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406 Maryland Avenue

406 Maryland Avenue, Cambridge, MD 21613
House in Dorchester
Sold Dec 09, 2019
$80,000
$64,000 by Guaranteed Rate Inc
Mortgage Due Dec 01, 2049
Sold Mar 13, 2019
$105,000
406 Maryland Avenue has been categorized by the local assessors in Cambridge, MD as a residential type of property. The building on the property was first built in 1915 and is 109 years old. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 406 Maryland Avenue has 1,992 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 14,436 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of unknown. In terms of heating, it is utilizing a radiant heating system. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 406 Maryland Avenue sold most recently in Oct 4, 2019 for a total of $80,000. If you work out the math, that's approximately a cost of $40.16 per sqft. Before that, the property was also sold for $105,000 in Feb 5, 2019. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,941 in taxes each year. 406 Maryland Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $105,033. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Aluminum Siding

Parking

Street Parking
Carport
On-Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C+
  • Building Style: Conventional
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 400
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 14,436
  • Total Building Area: 1,992
  • Gross Building Area: 1,992
  • Building Area: 1,992
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Radiant
  • Heated Square Feet: 1,992
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PATTERSON JONES
  • Land Acres: 0.331
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 14,436 SQ.FT. 406 MARYLAND AVENUE CAMBRIDGE

Ownership

  • Current Owner : BULLOCK LYNNA D
  • Previous Owner : U S BANK NATIONAL ASSOCIATION
  • Owner Before Previous Owner: GAUGH VERDA D
  • Owner Before Previous Owner 2: GAUGH EARL L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dorchester County Public Schools
  • Census Tract: 970400

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: 303 4 5246
  • Account Number: 108400
  • District: 07
  • Parcel: 07-108400
  • Municipality: CAMBRIDGE
  • Latitude: 38.5694
  • Longitude: -76.0672

    Address

  • Full Address: 406 Maryland Ave
  • Address - House Number: 406
  • Address - Street Name: Maryland
  • Address - Suffix Type: Ave
  • State: MD
  • City Name: Cambridge
  • Carrier Code: C002
  • 4-Digit Zip Code: 1928
  • Zip Code: 21613

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,941
  • Tax Rate Code Area: 003

    Appraisal Valuation

  • Standard Deviation: 0.1368
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 72
  • Final Value: 192,035
  • High Value: 218,312
  • Low Value: 165,757

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $64,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Dec 09, 2019
  • First Open Lien Mortgage Loan Amount: $64,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2049

    Market Valuation

  • Market Total Value: $123,700
  • Market Land Value: $32,000
  • Market Improvement Value: $91,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $105,033

    Sales

  • Current Sale Contract Date: Oct 04, 2019
  • Current Sale Recording Date: Dec 09, 2019
  • Current Sale Transaction ID: 11710651549
  • Current Sale Price: $80,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Mar 13, 2019
  • Previous Sale Contract Date: Feb 05, 2019
  • Previous Sale Amount: $105,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Dec 09, 2019
  • First Mortgage Loan Amount: $64,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2049

About Cambridge



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Nearby Rentals

Unit for rent at 509 Merganser Way, CAMBRIDGE, MD, 21613

$2,100 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,486 ft²
509 Merganser Way, CAMBRIDGE, MD, 21613 Listing by Theresa Deminne

Frequently Asked Questions

What neighborhood is 406 Maryland Avenue located in?
The 406 Maryland Avenue is a house located in the neighborhood of Dorchester in Cambridge, Cambridge.
What is the average sales price for listings in 406 Maryland Avenue?
The average sales price for units in 406 Maryland Avenue is $0 currently.

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